You should also ask about their average rents to get an idea of what is actually attainable.

I attained the remaining mortgage value on the house as well as the bank trustee that will handle the account i assume.

So you are saying that the 2% rule is kinda hard to attain for rental properties in Livonia?

I have attained one appointment from a seller through direct mail which ill be hopefully acquiring afterwards but until that time comes I've been wondering why not call homes directly.

If sub2, assuming he went along with it, would've required $4,200 p/m rent to hit the BP 2% rule, and while that's a ball park and probably not attainable in an area like this, you'd still have to assume the mortgage payment would be about 1200 per month just principal and interest. 

So for all of you using this technique and having success attaining properties, by all means keep doing it!

I may have to use my parents as co-signers initially in order to attain affordable financing given my current situation.

One of the things he was trying to teach me is that often the process one goes thru to attain a goal is much more important than the prize.The problem I have with the gurus and the high dollar mentors, is that they prey upon quick fix, easy money mentaliy.

I will not let having no money stop me from attaining my goals!

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